03:03:29
ECB President Lagarde: The central bank must keep price expectations stable.
03:02:56
ECB President Lagarde: If we face higher investment demand and greater supply constraints, we are likely to see stronger price pressures.
03:02:17
ECB President Lagarde: We are likely to experience more shocks from the supply side itself.
03:02:08
ECB President Christine Lagarde: The ECB will set interest rates as high as necessary based on inflation.
03:01:38
Lagarde, President of the European Central Bank: The energy transition and climate change are triggering profound changes in the global energy market.
03:01:18
The Dow rose more than 1%.
03:00:56
The Hang Seng Index futures closed up 0.09% in night trading, at 17970 points, 14 points above water.
02:58:55
Brazilian President Lula: The IMF should reach an agreement to invest in the African continent.
02:58:42
Pemex: Gasoline production in July was 266,100 barrels per day, an increase of 8.3% from the previous month. Crude oil exports in July were 1.052 million barrels per day, down 12.6% from the previous month.
02:53:18
European Central Bank Governing Council Kazaks: If necessary, we may need to make more decisions.
02:53:12
ECB Governing Council member Cazaks: Rate cuts may be slower than rate hikes.
02:53:03
ECB Governing Council Kazaks: The neutral interest rate may be higher than in the past.
02:52:40
ECB Governing Council Kazaks: The 2% target should be achieved earlier by the end of 2025.
02:52:31
European Central Bank Governing Council Kazaks: If core inflation does not slow down, overall inflation risks will rise.
02:51:11
ECB Governing Council Kazaks: Interest rates are in restrictive territory.
02:50:55
European Central Bank Governing Council Kazaks: Stop raising interest rates too early is a bigger problem than cutting them.
02:50:17
ECB Governing Council Kazaks: Most rate hikes have already been done.
02:50:06
ECB Governing Council Kazaks: We have come a long way in terms of interest rates.
02:50:00
ECB President Christine Lagarde is due to speak at Jackson Hole in ten minutes.
02:49:44
ECB Governing Council Kazaks: We can cut interest rates at any time if necessary.